Weekly Economic Update for January 24, 2022

January 24, 2022Economic Update

In this week’s recap: Stocks sink on rate hike talk. Weekly Economic Update Presented by Rabenold Advisors, January 24, 2022 THE WEEK ON WALL STREET Stocks extended their January retreat as worries over inflation and rising bond yields continued to exert downward pressure on prices.   The Dow Jones Industrial Average slid 4.58%, while the Standard … Read More

Weekly Economic Update for January 17, 2022

January 18, 2022Uncategorized

In this week’s recap: Volatile week as Fed speaks of multiple rate hikes. Weekly Economic Update       Presented by Rabenold Advisors, January 18, 2022 THE WEEK ON WALL STREET Deteriorating investor enthusiasm for high-valuation growth companies and a mixed start to the fourth-quarter earnings season made for a volatile week. The Dow Jones … Read More

Weekly Economic Update for January 10, 2022

January 10, 2022Economic Update

In this week’s recap: Hawkish Fed sees bonds higher and stocks retreat. Weekly Economic Update Presented by Rabenold Advisors, January 10, 2022 THE WEEK ON WALL STREET A jump in yields sparked by a more aggressive sounding Federal Reserve sent the market lower to start the new year.   The Dow Jones Industrial Average fell 0.29%, … Read More

Weekly Economic Update for January 3, 2022

January 3, 2022Uncategorized

In this week’s recap: Despite Omicron concerns, stocks end year mostly positive, with strong holiday sales figures. Weekly Economic Update Presented by Rabenold Advisors, January 3, 2022 THE WEEK ON WALL STREET Stocks closed out the year on a mostly positive note, adding to the year’s gains as concerns about the economic issues of Omicron … Read More